Target Corporation (TGT) reported Q4 FY 24 better than expected comparable sales of -4.4% vs the -4.6% consensus.

Same-day services increased 13.6% in the quarter due to growth in Drive Up.

The operating margin rate has seen an increase from 3.7% the previous year to 5.8%.

Guidance for Q1 comparable Sales is -3% to 5% and Adjusted EPS of $1.70 to $2.10